Convoluted, or missing corporate information is one of the expected tropes of any fraudulent company. After all, they want to make it as difficult as possible for you to ascertain whether you’re dealing with a reliable entity or not.

One such firm is the one we’re discussing today in our Globalinwest review. This unscrupulous entity exists solely to steal your money, and will stoop incredibly low to achieve that goal. 

Illegal Unregulated Company

Allegedly, the corporate entity that operates the Globalinwest broker, Bussiness Investersado Inc, is based in Ireland. Some legal info is given in the website footer, but neither the name nor the registration number corresponds to any regulated business with the Central Bank of Ireland.

The thing that will immediately draw your attention is that the main language on the website is Polish, and not Irish Gaelic or English. This being the case, we’ve inquired with the Polish KNF about any license, and found nothing.

While we were at it, we decided to keep searching for any info on the company with other European regulators, namely BaFIN, CySEC, CONSOB, FINMA, and FCA to no avail. At this point it became clear that the firm is a completely illegal venture, in many ways similar to OTFX which we reviewed some time earlier.

Dealing with unlicensed entities means you forfeit your right for legally imposed fund safeties such as compensation funds and negative equity insurance. 

Deception Put To Use

The site was put online in September 2023, which is quite younger than the 2015 date of inception the company claims. Target areas for these swindlers are the following nations:

• Poland
• United Kingdom
• Romania
• France

As the Globalinwest Forex service is virtually unknown on the ‘net, they use the old-fashioned boiler room agent approach to attracting new customers. Most commonly, these agents pester people by phone in an attempt to find new victims.

People that do invest are in for a cold shower, as they will seldom see any of their money back. This doesn’t mean the money is lost completely, so book a free consultation with our legal experts for help with recovery.

Terms Above Regulatory Limits

Any strictly regulated EEA would not be able to go against the law and offer higher leverage than 1:30. 

This company once again proves they are an anonymous, potentially offshore scheme supervised by no Tier 1 regulator. We have reasons to believe so because of the maximum leverage being 1:400.

What makes matters worse is the fact that no precise costs are given, so trading commissions and transaction fees remain hidden. Just like BigFXinvest does, these swindlers are never honest about real costs.

Bonus With Strings Attached

Investing with this platform brings another potentially harmful feature that could later reflect on your ability to withdraw funds. These are bonuses that go up to 100% of the deposited sum. 

The condition that you have to fulfill to be eligible to withdraw anything from a credited account is called trading volume requirement. It is calculated in the following way: deposit / 4 = number of lots needed.

Concealed Trading Environment

All of the information pertaining to the trading environment with this platform is partial at best, with much of it being completely omitted from the site. Nothing is ever shown in a way that is transparent or easy to understand. This is surely a stark contrast to what you’ll see with a reputable brokerage.

Live Trading Accounts

Accounts seem to be tiered, as some offer more benefits, like higher bonuses. Here’s a basic overview:

• Basic
• Platinum – 30% bonus
• Premium – 100% bonus

On one of the pages, the broker mentions a minimum deposit of $250, but they don’t say for which account. None of this really matters in the end, since the account creation page on the site doesn’t work.

Where’s The MT5?

One of the claims made on the site is that the clients can use the industry standard MT5 as the main trading platform. We did find Google Play and App Store links for mobile versions of this program, but it begs the question – what are the desktop users supposed to do?

While the MT5 is one of the best trading programs out there, it’s basically worth nothing if you can’t use it.

Products Available

We had no effective way to verify the list of available trading instruments, since the platform was out of reach. These are only the asset groups that the homepage mentions:

• Stocks (Disney, Netflix, BMW)
• Bonds (Treasury Bonds)
• Mutual Funds (State funds, municipality funds)
• Forex (EUR/USD, GBP/EUR, USD/CAD)
• Commodities (Silver, Gold, Coffee)
• Futures (Commodities futures, Stock futures)

Scarce Educational Materials

Although the company prouds on having exceptional learning courses, they’re just another form of sham. When you click on one of the three available courses to join, you’ll quickly learn that they’re just one short video about the basics of Forex. That, sadly, cannot be called proper education.

Unknown Payment Channels

When dealing with any business, be it a fintech service, or a used car salesman, one of your main concerns is what kinds of payments they accept. These con artists never divulge anything about their payment options, and this holds true for both deposit and withdrawal methods.

The Terms & Conditions document has a grand total of 4 pages, and doesn’t even bother to mention the word “withdrawal” even once! The bonus policy includes some shady clauses as well, which effectively empower the company to deny any withdrawal requests.

Without Customer Service

The website owners encourage all their clients to reach out to the support service whenever they feel the need to. For that reason, they’ve allegedly made an email, phone and online form available. However, any attempt to get to the customer service ends in failure, considering that no one is available to reply to your appeal.

Don’t Give Up On What’s Yours!

No matter how impossible it may seem at first, there’s always a chance for you to succeed in taking your original investment back. That is, as long as you don’t give up and let the scammers have their way with you.

That’s why you should contact our online chat agent and book your free consultation today! Our legal experts can help you understand the conditions and necessary steps to take in order to increase your chances for a successful recovery. 

FAQ Section

What is Globalinwest?

It is a fraudulent firm operating from an unknown location and presenting itself as a regulated brokerage brand.

Is Globalinwest a Legit Broker?

No, although they claim to be regulated, no proof of that exists. After looking through the databases where they claim to be registered, there was no evidence that supports such statements.

Can I Recover from Financial Fraud?

Of course, as long as you’re willing to work on it. With our help, you can successfully recover cash lost to fraudsters.

Unfortunately, many users start reading reviews only after falling victim to scams. We sincerely hope that you are not one of them!

However, if you’re here because you suspect that your investment isn’t in a safe place, know that you have the right to claim funds back!

Report a Fraud Case & Claim a Refund from Scammers

Legal Procedures for Recovering Your Money from Scammers Offer a Good Chance of Success. Start by Simply Reporting the Fraud.

File a Complaint

Presented as a pure brokerage with attractive trading conditions and high leverage, BTrade.net claims it has a large client base. Yet, the platform is based offshore in Saint Vincent and the Grenadines (SVG), meaning that BTrade.net has no trading license.

Our BTrade.net Review analyzes the dubious offshore trading platform that offers Forex and CFD trading. The main focus is on the legitimacy of this firm and its legal background. We will also take into account the feedback the broker received from traders as well as the regulatory warnings. 

Legal Info: Is BTrade.net Regulated?

WSYM Technologies LLC, the company behind the brokerage, is registered in SVG, a notorious offshore jurisdiction with no Forex regulations. That’s right, the local Financial Services Authority oversees only the banking sector. Hence, SVG has become a nest of scam brokers, such as AutoFX Broker.

Despite being unlicensed, BTrade.net provides trading services, resulting in the website getting blacklisted by three European regulators. Most notably, the Spanish CNMV issued a warning against the platform on December 4, 2023.

Belgium’s FMSA and Italy’s CONSOB also added the bogus website to their alert lists. Since all three operate in the European Economic Area (EEA), they enforce common European Securities and Markets Authority (ESMA) regulations. Each broker must obtain a MiFID passport from ESMA to legally operate across the EEA.

Instead of trusting unlicensed imposters, you should stick to regulated providers operating under the watchful eyes of renowned financial authorities such as the FCA (UK), CFTC & NFA (US), ASIC (Australia), IIROC (Canada), BaFin (Germany), JFSA (Japan), MAS (Singapore), etc.

Who Are BTrade.net’s Targets?

According to godaddy.com/whois, the btrade.net website domain was created on June 27, 2021. Since then, the financial swindler has been targeting primarily unsuspecting traders who reside in the following countries:

• Spain;
• Finland;
• Canada.

All these countries have heavy regulations for their respective markets and laws in force to prevent unauthorized imposters from scamming local traders and investors. One common rule stipulates that each financial market participant must obtain a necessary permit.

To reiterate, the BTrade.net scheme has been exposed by three European watchdogs. From the list, the Spanish CNMV issued a warning against the platform. The broker directly violates  European regulations by offering users leverage higher than allowed for retail clients (1:30). 

Trader Reviews – Sharing Experiences

BTrade.net reviews on trustpilot.com are mixed, albeit scarce. There were only 11 at the time of this writing. On personal-reviews.com, on the other hand, we found three lengthy and detailed complaints against the platform.  

“They told me I was making profits but then told me that an automated trade had taken place, that my margin had fallen below 100% and I must therefore invest another £12,000 to save the trade…”

one unfortunate victim said, adding that the fraudsters

“only want one thing – your hard-earned cash and will use every possible means to extract it from you.”

We recommend you always read what users say about a certain provider to learn which methods the con artists use to fool traders and how their despicable schemes work.

Which Trading Platform Is Available?

The BTrade.net platform seems to be a simple web trading terminal that supports popular trading instruments such as Forex currency pairs, indices, commodities, stocks, ETFs, and cryptocurrencies.

The platform seems rudimental, lackluster, and ineffective, offering no sophisticated and advanced tools whatsoever. It predominantly relies on TradingView-enabled charts, which lack support for actual trading activities.

If you want a pure trading experience, you should stick to licensed providers that support recognized third-party software such as MetaTrader 4, MetaTrader 5, or cTrader. 

MT platforms are arguably the best in the industry, enabling traders to utilize cutting-edge tools such as automated & algorithmic trading, advanced charting, live market reports, API integration, 20+ timeframes, EAs, lightning-fast order execution, etc.

BTrade.net account types

Leverage, Spreads, Commissions, Demo Account

The maximum leverage that BTrade.net offers is capped at 1:500, which, as mentioned, is significantly higher than the legal limit for retail clients in Europe (1:30). High-leverage trading is a double-edged sword. It can amplify potential profits but also lead to unbearable losses. Unreliable brokers such as Inveslo are known for exposing users to such risks. 

As for the trading costs, i.e. spreads and commissions, the broker did not disclose any specific values or numbers, which raises concern. 

Another big red flag is that there is no demo account. If you are a beginner, you should not be risking real money without practicing with virtual funds first. 

Deposit and Withdrawal Process

The website listed several payment methods that can be used to fund live trading accounts and withdraw available profits:

• Credit/debit cards (MasterCard);
• Wire transfers;
• E-wallets.

The BTrade.net minimum deposit is 5,000 USD. Legit brokers would charge you much less. Given the provider’s suspicious background, you cannot count on the BTrade.net customer service in case of withdrawal issues.

If you deposited funds via MasterCard or VISA credit/debit cards, you can request a chargeback at the issuing bank within 540 days and reverse the transaction. Wires can be reversed via a recall but this action can only work for transactions yet to be completed.

Key Facts To Consider About BTrade.net

BTrade.net is an offshore trading scheme mainly targeting users from Spain, Canada, and Finland. The platform has been blacklisted by the Spanish CNMV, Italian CONSOB, and Belgian FSMA.

We do not recommend the firm because it is unregulated. In case you’ve lost money to the BTrade.net scam, you must seek our professional help to recover your funds!

Use the form below to book your free consultation with Scam Brokers Reviews and tell us more about your case. Our team will gladly guide you through the fund recovery process and assist you every step of the way.

Book your free consultation here and start the chargeback process.

FAQ Section

What is BTrade.net?

BTrade.net is an offshore brokerage firm that offers Forex and CFD trading with high leverage.

Is BTrade.net Regulated?

No, the broker operates from SVG, a jurisdiction with no Forex regulations in force. The platform is thus risky.

Can I Recover Money from a Trading Scam Broker?

Yes, you can get a chargeback/recall. Contact us today to learn how the process works.

Unfortunately, many users start reading reviews only after falling victim to scams. We sincerely hope that you are not one of them!

However, if you’re here because you suspect that your investment isn’t in a safe place, know that you have the right to claim funds back!

Report a Fraud Case & Claim a Refund from Scammers

Legal Procedures for Recovering Your Money from Scammers Offer a Good Chance of Success. Start by Simply Reporting the Fraud.

File a Complaint

As can be seen, the company claims to be a secure and reliable crypto exchange. But at first glance, you can realize that’s far from reality. Firstly, this company is hiding ownership and legal information. Secondly, their T&Cs are only available to registered members. Lastly, but most importantly, they have zero transparency. 

Still, traders are expected to throw money away blindly. Those who are reading our honest Bitlirex review will stay safe. Others can look for refund options on time.

Legal Info: Is Bitlirex Legit Or A Scam?

According to research, it appears this company is registered in the United States. This information can only spice things up primarily because regulations in the US are one of the strictest in the world. If you didn’t know, all crypto exchanges should obtain local authorities’ licenses. In any other case, they can do anything they want. 

We just had to look at the regulatory databases to get the first sign of a Bitlirex scam. We’ve checked the US SEC and CFTC along with FCA, ASIC, and BaFin. As expected, none of these hold records of Bitlirex crypto exchange. In general, to find a reliable crypto firm, just look at the CoinMarketCap listing.

Who Are Bitlirex’s Victims?

Whatever this company claims from now on is questionable. But some facts can’t be hidden, such as their domain age. As can be seen, they have been active only since June 2023. With more than 10 years of crypto existence, they still haven’t learned what things traders trust. Anyway, if you are coming from any of the following countries, be aware of this company:

• France
• United States
• Ukraine

If you think that the Bitlirex exchange has scammed you, don’t hesitate to reach out to our refund experts. After all, you have two options. To get the money back or forget about it. But also, don’t skip sharing your opinion in the comments below.

Investment Costs With Bitlirex

The only costs revealed by this company are trading and deposit fees. All traders with a 30-day trading volume below $5.000 can expect 0.3% maker and taker fees. In general, it’s way above the industry average.

The higher the volume is, the better the fees traders get. Overall, it’s a reasonable thing to motivate investors to put more money into trading. However, if the company is not regulated, that might be an issue.

Bonuses

Since the company’s T&Cs are hidden from the public, we can’t see if there are any bonus deals. In any case, you should read the policies first and in detail. Otherwise, you might get scammed without even knowing. To get some extra advice about protecting your funds, check our Bidaskbit review.

Bitlirex Trading Features

Generally, the company is hiding detailed information about its features. But at a glance, we can see they are offering spot trading, futures, and options. Also, traders can use ETH 2.0 staking services, trading bots, and copy trading features.

Yet, all these are highly suspicious, knowing that this firm is misusing some things, such as the names of celebrities like Elon Musk and MrBeast.

Trading Platform Available

Another key fact is that the company doesn’t offer dedicated desktop and mobile apps. Everything is web-based, and that might cause problems.

Generally, such platforms can’t be considered fast and reliable, as the company claims. Instead, you should opt for companies with developed downloadable software. Not to mention the ones with a license.

Available Trading Assets

Tradeable assets often determine what company you will choose. If the company lacks some options, traders easily find another replacement. Here, with Bitlirex.com exchange, you can trade:

• Bitcoin
• Ethereum
• USDT
• Binance Coin
• Dogecoin
• Monero and a few more.

Account Types

Overall, the company doesn’t have account type classification. At least not that the public knows of. But once you join their community, don’t be surprised if you get offers for premium or VIP accounts. 

The problem with this is that the company might require you to deposit more money. Otherwise, you are not able to withdraw anything.

Mobile Trading App

The best companies in the crypto world are the ones with trusted, fast and secure mobile apps. Therefore, traders keep all their assets in a protected place. But also encrypted wallets. Surely, that’s irrelevant if the company is not licensed for the service. In any case, iOS and Android apps play a crucial role in choosing a company.

Demo Account

Since everything is hidden so far, we didn’t expect access to the platform. Especially not the virtual funds to test it out. 

Even though that’s not the common practice with exchanges, it should be. At least to test if the company really offers some services or if it’s just another trick. To learn how to recognize other scam signs, check our Fintegral review as well.

Education

Unfortunately, this company doesn’t think education is important in trading. They expect you to know everything once you sign up with them. For that reason, there are no educational programs whatsoever.

Bitlirex Withdrawal

Another mystery with this company is the withdrawal procedure. It’s unknown whether you are withdrawing funds through a crypto wallet, bank account, or card. Even though deposit fees are transparent, withdrawal ones are not. So, you can expect surprises there.

Honestly, the best thing you can do is be patient and wait for a couple of months. Surely, traders will tell you how it went.

Customer Support

Shady exchanges often hide their address and contact details. That’s exactly the case with Bitlirex. Apparently, there’s a 24/7 live chat option available. But again, only for registered users. 

Also, you can contact them via e-mail for listing and partnership. Another possible option is encrypted channels like Telegram and WhatsApp.

Key Information To Consider About Bitlirex

Generally, there’s nothing good with this company except for a few trading tools that could be useful. But if the company is not licensed and transparent, the risk is not worth it. Once you check any regulated crypto exchange, you will realize the difference.

In any case, if you experience any trouble with this company, feel free to contact us, especially if you want to recover lost crypto. Most importantly, the first meeting is free of charge and doesn’t include any obligations.

FAQ Section

What is Bitlirex?

Bitlirex is a crypto exchange registered in June 2023 offering a wide range of crypto spot trading assets, staking services, futures, and options trading.

Is Bitlirex Regulated?

Unfortunately, no. The company is not licensed by any authority. Especially not by the most trusted ones like FCA, CFTC, or SEC.

Can I Trust Bitlirex With My Crypto?

That wouldn’t be a smart move considering their lack of regulation. But if you did and you want to get the money back, feel free to contact us.

Unfortunately, many users start reading reviews only after falling victim to scams. We sincerely hope that you are not one of them!

However, if you’re here because you suspect that your investment isn’t in a safe place, know that you have the right to claim funds back!

Report a Fraud Case & Claim a Refund from Scammers

Legal Procedures for Recovering Your Money from Scammers Offer a Good Chance of Success. Start by Simply Reporting the Fraud.

File a Complaint

This would-be exchange quickly found itself on the radar of prominent financial regulators. In turn, this caused the host website to be shut down by the authorities. Not much information is left about the exchange itself, yet the internet is still buzzing in the wake of this crypto Ponzi.

Without further ado, let’s examine how fraudsters like this one operate in our Cosetek review, and more importantly, let’s look into how you can get your money back.

FCA Alerts Public About the Fraud

It is not enough to just claim to be incorporated in a particular country and provide zero proof of that. Since these arrogant swindlers had the nerve to claim they operate out of the UK, it was easy to determine that these claims were entirely fake. 

After checking with FCA, we found out that the firm is not only unlicensed by the state regulators, but was also blacklisted for illicit crypto activities. 

Soon after the warning was published the website was taken down. It was about time that happened, considering the conduct was an anonymous MLM scheme that robbed traders blinds. We can only hope the same fate awaits another similarly operating fraudster – Simplii Cryptos.

Shifting The Blame

The domain hosting the platform was first launched in 2017 as an online consumer electronics store. It became the threat we see today in July 2023, targeting the citizens of the following nations:

• United Kingdom
• Hungary
• Morocco
• Romania
• Latvia

Online fraud platforms often use boiler room agents to attract new victims, another example being TraderMinds. Cosetek crypto Ponzi abused various social sites like X and LinkedIn to influence potential investors.

After the truth about the platform came to light, cosetek.com turned against their agents in a truly backstabbing move. We can see this unfold in the current slur campaign that’s been going around, where the owners hold their agents responsible for alleged hacking.

Ratings Going Downhill

If we take a look into the history of Cosetek reviews we can see that the fraudsters used fake comments to boost their reputation. On TrustPilot, the overall score has started to drop dramatically once the con artists gave up on the cover-up.

Many traders have already sniffed out the fraud a long time ago, with multiple Reddit boards having voiced  their concerns for everyone to see.

None of this will bring the scam victims any closer to recovering their funds, however. If you require assistance in this matter, feel free to contact our experts.

Abnormal Fees On Every Step

You had to watch out for sudden fees whatever move you were about to make on this platform. Since the portal was not clear on the fee structure, we could only guess the real costs based on the majority of customer reviews. 

Every single client was lured in by promises of low costs and fee-free transactions and then made a deposit and had a painful reality check. The sudden fees would eat up the entire account balance and the profit remaining, as well as the initial payment were zero.

Recruiting as Part of MLM

What brought the most profit to the owners of the scam project was the affiliate program. It was designed in such a way to have big prizes, commissions and bounties motivate existing customers to spread the word about the platform. 

For example, the website owners claimed to give between 2% and 2.8% daily income from the commissions if you were to recruit a “team” of at least 40 people.

The more users would join through their referral links, the greater their rewards. Needless to say, the entire scheme was a dream that never realized in reality as the swindlers snatched all the profits.

What Scammers Had To Offer

Websites like this one are packed with promises of exceptionally reliable and fast software that do all the work for you. Then, there’s a supposed pallet of diverse instruments to choose from. In reality, the whole site can’t be any less equipped.

Everyone Joins The AI Craze

Although it’s true that we’ve seen incredible developments in the field of computer technologies, and most interestingly AI, it’s far from what common scammers will have you believe.

The Cosetek platform was allegedly empowered by a proprietary AI software that could guarantee profits.

In reality, this sort of a holy grail computer program is still in the realm of science fiction. After millions in funding and decades of development these programs are still far from guaranteeing any investment will ultimately pay out.

Focused Markets

As a crypto platform, this online trading portal was promising to deliver the most popular digital currencies available today. 

It remains a question if the exchange also had crypto against FIAT currencies available for leveraged trading. Either way, most frequently mentioned digital assets were BTC, ETH, LTC, ETC, ADA, DOT, DOGE, SOL, LUNA and XRP.  

Hidden Vip Levels

The packages on the site weren’t explained well, and in general, there was only one known account type – the live trading one. That meant that whoever wishes to even test any of the services and features first had to invest money. 

However, that isn’t the entire story. One often sells the idea of special access called premium, or vip, or whatever fancy name they stole. This allegedly special treatment required more cash. Sadly, all of the promised services turned out to be cheap lies!

No Withdrawal Information

While some of the early clients state that their payouts did materialize, this is another part of the Pyramid scheme bait. The con artists will let you withdraw some of your initial investment, and in some cases a portion of the earnings in an attempt to encourage you to find more people to join.

If you belong to the group of people that still have money stuck with the now defunct platform, consider getting in touch with our experts.

Poor Customer Treatment

The Cosetek scam wasn’t known for particularly developed and customer-oriented service. On the contrary, the firm was rather infamous for their rude attitude towards clients. Also, it often happened that the appeals and support requests remained unanswered, despite the claims about providing 24/7 support. 

Don’t Delay – Get Your Money Back Today!

Seeing how the entire fraudulent scenario played its course, it is now easy to deduce how it all worked. People tend to say that every general is clever after the battle is over, however.

Now’s the time to take action into your own hands, and start working on getting your money back. We have provided a 24/7 live chat option, which you may use to book a free consultation with our experts.

FAQ Section

What is Cosetek?

This was a known Ponzi scheme that targeted crypto investors and their family members.

Is Cosetek a Regulated Crypto Exchange?

No, the company has never managed to acquire a virtual asset provider license from any Tier 1 body.

Can I Recover Money From a Crypto Fraud?

Thanks to our advanced technology and software you can do so with a bit of our help, so contact us at your convenience.

Unfortunately, many users start reading reviews only after falling victim to scams. We sincerely hope that you are not one of them!

However, if you’re here because you suspect that your investment isn’t in a safe place, know that you have the right to claim funds back!

Report a Fraud Case & Claim a Refund from Scammers

Legal Procedures for Recovering Your Money from Scammers Offer a Good Chance of Success. Start by Simply Reporting the Fraud.

File a Complaint

Online crypto investment scheme with the name of Orchidcoin is supposedly based in the UK. They couldn’t have picked a worse location for their fictitious firm, but a country with the highest regulatory standards in the world. 

The physical address given, by all means, isn’t where Orchidcoin headquarters are. It actually belongs to a licensed investment firm that Orchidcoin decided to clone. We wouldn’t even call it cloning how poorly it was done. The site only claims to be working under the organization called Fairstone Financial Management Ltd. No solid evidence of Orchidcoin being related to this legitimate business exists in any shape or form. 

So read on, as we unwrap the mystery around this fraud in our Orchidcoin review ahead.

What Is Orchidcoin.net?

As the website itself explains, Orchidcoin is a crypto investment platform. The web presentation describes it as a fast and secure way for investors to earn profits on their digital deposit. Orchidcoin goes a step further and even boldly claims to be ‘’the most trusted cryptocurrency platform’’.

Their reasons to motivate you to invest are many. We’ll only pick the ones that sound the most bizarre, just like any other scammy attempt does. For example, the crypto swindler assures investors their deposit is safe and the profit guaranteed, because it doesn’t depend on price fluctuations and it carries zero risks. Not funny enough yet? Listen to the next one. 

Orchidcoin further states all the deposits are securely stored in a safe offline storage. If by this they mean their pocket, then there’s no doubt about it. Moreover, Orchidcoin would like you to believe you can withdraw your profit anytime and instantly. Yet another fabrication worth watching out for.

Traders’ Opinion About Orchidcoin net 

As a recently created financial website, Orchidcoin still hasn’t built any kind of reputation. Especially none to brag about. What we managed to dig up only suggests potential interest from the side of traders. The several comments we stumbled upon express certain concern but also interest. We’re worried these might be the next Orchidcoin victims. 

However, straightforward experiences explained and concrete ratings still do not exist. This makes it convenient for Orchidcoin. When there’s no negative reviews left just yet, it’s harder to divert future customers from investing here. 

Where Do Orchidcoin net Victims Live?

Imagine the capability of the boiler room agents behind this website when they’ve managed to reach victims from the furthest parts of the globe already. Just for your information, the site has been operational for a little over a month. Terrifying indeed. 

Cyber fraud doesn’t have a preference for one type of traders. It doesn’t matter if they reside in more or less developed countries. The goal is the same – delude and extort as much money as possible. Here’s the list of countries we detected the most victims from:

• Germany
• United States
• Turkey
• Brazil

How Does the Orchidcoin net Scam work?

Although this fraudster doesn’t represent a common brokerage website, their methods do not differ much. We’re reviewed scams like Invest Ehub that lure victims with their sweetalking about high returns and guaranteed profit. Somewhat similarly this swindler functions. What Orchidcoin has made the best use of is the popularity of the crypto market. It’s already crystal clear most traders have a preference for digital assets.

By leading you to believe your savings plan and investment strategy is safe and ensures returns,  Orchidcoin can make you spend huge amounts of money. As every other den of thieves, they have their scam agents that are on the constant lookout for new victims. 

Attracting unsuspecting investors works in many ways. Whether it’s the probability of obtaining wealth or pure loneliness that drives them, scam agents are good at detecting those ulterior motives and using them against you. 

Orchidcoin Pishing Attempts

Several traders have reported attempts of Orchidcoin to steal sensitive data from people. The random email that victims receive says their Bitcoin wallet was credited with a certain sum. The scammer then sends them a particular username and password to log into orchidcoin.net in order to confirm their new balance. 

Recipients of such emails are instantly attracted by the numbers presented. In the few detected cases, the Bitcoin amount equals millions of dollars. This is, of course, fake. By forcing the victims to log into their online wallets through orchidcoin.net, the owner of the website gains access to crypto funds of the victims and is free to manipulate and abuse them.  

Orchidcoin net Platform

Creating a new account at Orchidcoin.net at the time of writing this review wasn’t allowed. The message only said this option was closed at the moment and that we should check back at a later time. This has entirely prevented us from examining the platform more closely. If there exists one to begin with. Bitbinx is one scammer that even has a proprietary trading terminal, but it’s irrelevant without a license. 

If this site was a reputable investment services provider, they wouldn’t have a problem with site visitors taking a look at their platform. However, Orchidcoin.net is not a genuine crypto platform, and doesn’t follow the standards of safety and privacy as other legitimate firms do. So it’s no wonder to see them being so secretive with the platform and picky about new users.

Can Orchidcoin net Be Trusted?

In the financial world, trust is tightly bound to authorizations and licenses. Legitimate trading certificate is the only valid evidence of the firm being trustworthy. Unfortunately, Orchidcoin doesn’t think so. The website doesn’t provide proof of regulations, nor could we locate them in any Tier 1 regulator’s database we went through. And mind you, we searched through quite a few of them – FCA, CySEC, NFA, BaFin, COSNOB and CNMV.

As it appears, Orchidcoin only claims to be run by a FCA regulated firm – Fairstone Financial Management Ltd. This heavily regulated conduct in reality doesn’t have a single thing in common with Orchidcoin. The fake investment platform we’re reviewing only mentions this legal firm as their way of forging their own legitimacy. 

Omitted license and real company info put Orchidcoin in the same basket with any other scam broker, illicit investment platform or any other form of fraudulent agency today. 

Legal directives dictate the safety conditions and measures that every firm has to apply to keep the investments safe and protected, while the trading environment is fair and regulated. Since Orchidcoin doesn’t operate in accordance with any legal framework, you cannot expect your deposits to be stored in segregated bank accounts. Neither is there room for the leverage limitation, negative balance insurance and compensation funds. 

Is It Possible to Withdraw Profit From Orchidcoin net?

The experiences online put together one general pattern that Orchidcoin presents when it comes to withdrawals. Once you attempt to withdraw the profit for the first time, the system will alert you to try with a jokingly small sum. The fraudster will let it work and have you believe that they’re honest and credible enough for payouts. 

After that, you will attempt to withdraw the bigger sum from your balance, but that’s when the viciousness of Orchidcoin comes out. The system, this time, will not allow you to make a move. Under the excuse of insufficient account balance, Orchidcoin will urge you to deposit some more so you would have enough for a successful payout. 

Alas, any more money invested will not help with another withdrawal attempt. That was just the scammer extorting some more funds. Withdrawals are altogether completely impossible with this sham.  

What Should I Do If I Have Been Scammed by Orchidcoin net?

Just because they slightly differ from the scam brokers we usually review, it doesn’t mean Orchidcoin is any better. Without a valid license to rely on, you cannot expect them to respect your privacy, keep your funds safe and provide you with a secure trading environment. 

So please, never hesitate to get in touch with us. We’re continually fighting this all the similar scammers that have defrauded honest retail traders such as yourself. Have no fear- your privacy is kept safe with us, as we’re aware how important it is. 

Nonetheless, we’re here to offer you advice and help you start the chargeback process. You deserve to have back what was unrighteously stolen from you, we strongly believe it, and so should you.

Is Orchidcoin net Legit or Scam?

This investment platform is not a trustworthy place to invest. They do not own a financial engagement license, which is obligatory for this business.

Is Orchidcoin net trustworthy?

No, because without a regulation to confirm their legitimacy, Orchidcoin is just another scam in the sea of other ones.

Is there a Orchidcoin net mobile app?

As far as the site shows, no dedicated mobile app exists. The firm doesn’t even advertise any platform at all, so we highly doubt they even have one.

Unfortunately, many users start reading reviews only after falling victim to scams. We sincerely hope that you are not one of them!

However, if you’re here because you suspect that your investment isn’t in a safe place, know that you have the right to claim funds back!

Report a Fraud Case & Claim a Refund from Scammers

Legal Procedures for Recovering Your Money from Scammers Offer a Good Chance of Success. Start by Simply Reporting the Fraud.

File a Complaint

Operating from a country with poorly developed foreign exchange markets and loose regulatory systems certainly can’t be considered as an advantage for this firm. 

What we investigate in the following Inveslo review is what this illicit broker has to offer and how dangerous trading on their servers is. If you want to know how to protect your funds and what you can do in order to recover a lost investment, please read on. 

Untraceable Legal History

It appears that the National Bank regulates the Forex dealers in Kazakhstan, but there isn’t a register of regulated entities posted on their site as the web page is still under construction. 

On the website of The Agency of the Republic of Kazakhstan for Regulation and Development of Financial Market there’s a total of 39 brokerage firms that are identified as legit and Inveslo is not one of them. 

The only form of protection is ensured through the Financial Commission membership that provides a potential compensation up to €20.000. That’s not enough insurance, so it is better to avoid this platform altogether. It’s what we also advise you to do considering UberChains.

Tried And Tested Con Scheme

The website that serves as the front for this fraudulent operation, inveslo.com, was first launched in June 2020. Much of their traffic originates in these countries:

• India
• Pakistan
• Turkiye
• Germany
• United States

With multiple social network profiles on Facebook, Instagram, X, LinkedIn and YouTube the boiler room agents that work for the Inveslo scam can easily reach a large audience.

Be it through these social networks, Telegram, or directly by phone, these agents pester potential victims in an effort to pressure them into investing. With illicit firms like this one or Finex Trader all of the money simply ends up lining the fraudsters’ own pockets. It is possible to recover it, so contact our legal experts for more info.

Suspicious Looking Ratings

The company’s score on TrustPilot is not the best, but more worrying than the score is the absence of any comments on other platforms like SiteJabber.

The customer testimonials that do exist are incredibly divided, but recently the ones critical of the firm are becoming more prevalent. Those that disliked the service talk about missing money from their balance, and their withdrawal attempts falling through.

Abnormal Trading Terms

The leverage being up to 1:2000, is just beyond any expectation and risk-controlled investing. Furthermore, trading fees are allegedly only 0.1 pips without any commissions regardless of the account type.

Although other potential fees remain unrevealed, the legal docs imply the possibility of various taxes, such as commissions to banks, money transfer fees, commissions to intermediaries and others. It is the client’s sole obligation to cover all of these.

50% Welcome Bonus and Cashback Giveaways

While the website doesn’t openly discuss it, there’s various promotions and bonuses. They’re only accessible from your user panel, however. 

There, you will find buttons to claim your 50% bonus added to your trading margin and another prize that includes a reward of $2 per lot traded. Exact conditions of these bonuses are not clear.

Trading Tools Not As Advertised

The extravagant trading platform mentioned on the home page is just a Demo version of the famous software, that’s one of the many reasons why you should not sign up here. Next is the fact that the trading conditions can be described as nothing short of absurd. All other features are locked behind a deposit requirement.

MT4 as Demo Only

Available trading platforms require a suspicious download. It is better to refrain from downloading an unnamed software claimed to be a prestigious terminal while it’s provided by unlicensed companies. It is probably just malware, trying to infect your machine and enable remote control for the purpose of data thievery. 

On the other hand, you can access the MT4 Demo directly from the client area. However, it does little to provide insight into the qualities of the trading environment, considering it is just a MetaQuotes test version.

Instruments Only Vaguely Presented

There’s no clear disclosure on what instrument classes are available for trading. What we found advertised on the website are the following asset groups:

• Forex (EUR/USD, EUR/CHF, USD/AUD)
• Crypto (BTC, ETH, LTC, XRP, DOT)
• Metals (Silver, Gold)
• Energies (Oil, Gas)
• CFDs on Indices (FTSE, DAX, Dow Jones)

Selection Of Trading Accounts

The least costly account is priced at $100, many times over the current average in the industry. While these accounts are seemingly different in market execution and pricing, the only thing truly different is the minimum deposit:

• Professional – $100
• Classic – $250
• Platinum – $500
• Diamond – $20,000

As is always the case with these tiered accounts, more pricey ones will allegedly give you better trading solutions. The benefits include increased leverage, tighter spread and ability to place more orders.

Dysfunctional Demo

The company offers a demo account for testing purposes. All of the live trading archetypes are available in demo form as well, and the clients may choose the initial investment as well as trading leverage.

Unfortunately the demo doesn’t come with actual Inveslo login credentials for the MT4 software, meaning it’s completely useless.

We Don’t Need No Education

The company advertises plenty of different educational materials, including webinars, guides, ebooks, blogs and many others. Unfortunately, these are all locked behind a paywall.

Knowing how these fraudulent firms operate, it wouldn’t surprise us in the slightest if this was just another part of the sham.

Payment Processing Goes Wrong

A couple of different funding methods are advertised as available in the client zone. Some of them are:

• Crypto
• Credit/Debit Cards
• Local Transfers
• E-wallets
• Various South-Eastern Asian Banks

This could suggest that the fraudsters actually do not operate out of Kazakhstan at all, but from some country from the aforementioned region. 

An interesting statement in the legal papers declares that the company has the freedom to suspend all withdrawals for a particular account. That, along with the previously discussed sudden fees, seriously endangers the client’s ability to withdraw anything at all.

Cooperative Support Team

The customer support is multilingual, and available 24/7. You may contact the help desk by phone, email or live chat on the website. Our overall experience with the support staff was positive, as the agents replied to our inquiry quickly and in good detail.

It’s Not Over Yet! Ask For Chargeback!

At first glance, it seems like you’re dealing with a legit brokerage, but the cracks in the facade quickly start to appear. As long as you don’t give up and let the fraudsters get away with your funds, there’s still a chance for you to recover the stolen capital.

For additional information and legal support considering the recovery options, you are free to book a free consultation through our live chat agents. Your first interview is completely free of charge!

FAQ Section

What is Inveslo?

This is an illegal brokerage brand allegedly from Kazakhstan but their real registration is unknown.

Is Inveslo a Legit Broker?

No, since they do not own a valid Forex trading license.

Can I Recover Money from a Trading Fraud?

Yes, you can, but you should ask for the help of our legal experts as soon as possible.

Unfortunately, many users start reading reviews only after falling victim to scams. We sincerely hope that you are not one of them!

However, if you’re here because you suspect that your investment isn’t in a safe place, know that you have the right to claim funds back!

Report a Fraud Case & Claim a Refund from Scammers

Legal Procedures for Recovering Your Money from Scammers Offer a Good Chance of Success. Start by Simply Reporting the Fraud.

File a Complaint

AutoFX brokerage is operated by Auto LLC. This firm has been registered in Saint Vincent and Grenadines since 2022. Non-surprisingly, their reputation is getting worse after one year in the business.

The company is misleading traders about many things. Starting with regulations, security, and who knows what not. But that’s why you have this honest AutoFX Broker review to keep you away from such swindlers.

Legal Info: Is AutoFX Broker Legit Or A Scam?

As mentioned, the company claims to be a regulated entity. However,  AutoFX Broker regulation doesn’t exist. Firstly, SVG’s Financial Services Authority no longer issues trading broker licenses. Too many companies with the same goal were registered there in the past. To steal money and disappear.

Therefore, all the companies registered on this offshore island must obtain other licenses, preferably in regions where they mostly operate. Sadly, this company doesn’t have any top-tier licenses, starting with ASIC, BaFin, or FCA. Consequently, you can’t trust their statements about funds protection measures or anything else.

Who Are AutoFX Broker’s Victims?

The big problem with AutoFX Broker is that they are mainly active in countries with rigorous regulations. Luckily, traders are reporting complaints regularly. It’s just a matter of time before they get snowballed by warnings from institutions. Anyway, most of the scammed victims come from: 

• France
• Switzerland
• Netherlands
• Italy
• Czechia

In fact, there could be much more happening behind the scenes. But only you can help us discover that. Let us know about your experience with this broker. Also, you can contact us directly for refund assistance.

Traders Reviews

Whenever you see 70% of the negative comments, you better run. Otherwise, you are consciously falling into a trap. That’s the percentage of AutoFX Broker accounts that lost money or got scammed.

Currently, on Trustpilot, we can see 80 comments, mostly containing withdrawal issues. If that’s not the sign to avoid this brokerage, nothing will be. Thus, you shouldn’t lose hope. Our refund specialists can analyze your case and offer you a solution. But we have to know the case first. Therefore, don’t hesitate to contact us.

Leverage, Commissions, Spreads, Fees and Taxes

Another fact that reveals the company’s scamming activities is its leverage. Properly regulated companies can’t offer leverage higher than 1:50 or 1:30 to retail traders. It depends on the regulation. But this brokerage doesn’t care about it, and they provide leverage of 1:200.

Without negative balance protection and their shady platform, traders can easily start owing money. That’s something you don’t want with any broker. As can be seen, the company is also advertising highly attractive spreads from 0.7 pips. However, none of the other fees and commissions are revealed. So, how do they make money then? To see how legitimate firms do that, read our PU Prime review.

Bonuses

Bonus funds are always tricky. Especially if the company is not regulated. If you think about it, there’s no reason for them to give you more funds. That’s why their bonuses are non-withdrawable. But nowhere is explained if the funds generated with bonus are withdrawable. That might be a catch.

AutoFX Broker Trading Features

One of the biggest issues with scam brokers is that they can offer anything they want. But they are not obligated to deliver. Very often, you will see auto trading bot advertisements. But once you join, you see everything is simply manipulated. That’s what we want to avoid.

In this case, the company offers highly attractive features, such as auto managers or auto trading bots. In addition, they claim to provide automated copy trading features. But without regulation, none of these can be trusted.

Trading Platform Available

Besides these automated platforms, the company doesn’t reveal any details about its base platform. We generally suggest traders choose brokers with cTrader or MetaTrader. This way, they can forget about manipulation. But with AutoFX Broker, you can expect only a web-based platform.

Available Trading Assets

In general, when the company is not trusted, tradeable instruments become irrelevant. Another key fact is that the company doesn’t offer too many assets. Traders can only choose between: 

• Cryptos – BTC, ETH, XRP
• Indices – S&P 500, NASDAQ
• Metals – gold, platinum

Account Types

Important to realize is that this company doesn’t have a classic account type classification. Besides a demo account, traders can choose between two live account options. Those are: 

• Investment account
• Standard account

The minimum requirement for both is just $100. But don’t let that trick you. Anyway, the main difference between these is that the investment account is PAMM-based. Thus, with scam brokers, that’s highly unreliable.

Mobile Trading App

One of the key features of regulated companies is their trusted mobile apps. But that’s not the case with this investment firm. Every iOS and Android user can only access the account through the browser.

Demo Account

Indeed, a demo account seems to be available. However, registering for a demo means leaving contact details to this firm. Which is not the smartest move you could make. Especially after those numerous negative reviews.

AutoFX Broker Withdrawal

Getting the AutoFX Broker withdrawal is a mission impossible. Firstly, they claim to process withdrawals within one day. But instead of a withdrawal, they are sending a refund for card transfers. Thus, only up to the deposit amount. Anything above that must go with a different method. In their case, crypto.

Fees for card transfers are not disclosed, but you can expect a $20 withdrawal fee for wire transfers. Another sign that the AutoFX Broker platform is a scam is the statement they can refuse a withdrawal for numerous reasons. That’s exactly what you can expect.

Customer Support

The only contact option available with this company is a web contact form. Also, registered users might get access to their encrypted Telegram group. In fact, there’s nothing they do to make traders trust them. 

That’s why we suggest you first try the AutoFX Broker demo account. Or do that with more transparent companies like Duo Markets.

Key Information To Consider About AutoFX Broker

Every detail about this broker is suspicious. Starting with their fake regulations, trading conditions, platform, and withdrawals. In a few clicks, you can compare them with any regulated brokerage and see the difference.

In any case, whenever you experience withdrawal problems, keep in mind there are solutions. Most importantly, our refund team is offering you the first consultation free of charge. What’s stopping you from hearing the solution? Get in touch now.

FAQ Section

What is AutoFX Broker?

AutoFX Broker is an offshore entity registered in Saint Vincent and Grenadines that is offering CFD trading services without authorization.

Is AutoFX Broker Legit?

Not at all. Firstly because they claim to be regulated and they are not. Secondly, the company’s reviews show us the dark truth behind this broker.

What Can I Do If I Was Scammed By a Fake Broker?

The best thing you can do is file a report and apply for a chargeback. For step-by-step guidance, feel free to contact our specialists.

Unfortunately, many users start reading reviews only after falling victim to scams. We sincerely hope that you are not one of them!

However, if you’re here because you suspect that your investment isn’t in a safe place, know that you have the right to claim funds back!

Report a Fraud Case & Claim a Refund from Scammers

Legal Procedures for Recovering Your Money from Scammers Offer a Good Chance of Success. Start by Simply Reporting the Fraud.

File a Complaint

Openly inviting all visitors to trade crypto on this allegedly leading exchange, the site actually exhibits typical fraudulent behavior. That particularly refers to the lack of transparency and omitted corporate info. 

Whatever is promised and no matter how affordable it seems, is it really worth it when your entire capital is at stake? This Molynex.com review answers that question and lists a bunch of other red flags we’d like you to learn about in order to protect your investment. 

Anonymous Crypto Operators

The Molynex.com scam claims to be a leading Australian crypto portal registered with AUSTRAC. One simple search through this register reveals not a single similarly named firm. 

Without a single other detail to base our research on, we had to check as many Tier 1 databases as we could, including FCA, BaFin, FINMA, CySEC and NFA. None of them have any records of this suspicious entity. That essentially deems this platform a bogus service with nothing to offer. 

This case vaguely reminds us of Axiau, another virtually anonymous business that sells baseless ideas of high profit and amiable returns. 

Another TikTok Scheme

The Molynex.com fraud site was launched in October 2023, as you may see in the WhoIs register. Here’s an overview of most heavily impacted nations:

• United States
• Canada
• Australia
• Fiji
• Ukraine

It seems that TikTok crypto giveaway scams have become quite prevalent in recent times. Many of these bogus exchanges use the likeness of some influential person, in this case Warren Buffet, to create various edited footage with DeepFake AI software.

Allegedly, the celebs featured in the content are giving away free cryptocurrencies, and all it takes to receive them is to create a trading account and invest some money. It’s all a ruse, and the funds get stolen by.

Not at all Affordable as Marketed

Your every move or attempt to use any of the site services will be ruthlessly overcharged. The pricing is just abysmal and all of the costs are yours to bear, as the legal documentation explicitly explains that. 

Firstly, the default Maker/Taker fees for the regular users are 0.20% and 0.14% for Premium users. Following the sign up process, you agree to also pay for all internal and external fees, especially considering monetary transactions. Mandatory commission for all deposits and withdrawals is 1% + 18% when you attempt to withdraw funds for the first time. 

The firm also charges a 5% interest on any sum on your account that remains payable after a transaction ends. 

Referral Bonus 

Having existing members get new users to sign up is how Ponzi schemes expand. 

The basics refer to rewards promised to customers for each new affiliate they bring in. In this case, the bonus is structured in three (3) levels. For category A referrals you get 50% of the commission, category B affiliates bring 10%, while for category C, there’s a 2.5% of the commission paid by the referral.

In addition, the promoters are also promised to get 0.01% (in BTC) of the sum of every deposit the affiliates make.

Impractical Trading Tools

When buying an expensive service you’d expect nothing but a reliable set of tools, advanced software and a hefty amount of available trading instruments. We’re sorry to inform you that nothing of the sort is provided by this crypto portal. Let us walk you through their main features.

Unreliable Software

The web terminal present on this website is nothing but bogus software with deceptive information and market details. High-risk trading environments are found on every false crypto trading domain that doesn’t utilize reliable technological solutions. 

If you intend to make any money on this highly volatile and non-predictive market, you ought to choose an advanced software that is flexible, fast and rich in features. This site cannot equip you with enough tools and options to succeed as an investor. 

Assets You Can Expect

The assets are said to be numerous and diverse, but promises made by these con artists are hard to believe. Without access to the actual trading platform however, we couldn’t review which instruments are actually available to the clients.

The website advertises these financial assets:

• Cryptocurrency Pairs – BTC/USDT, ETH/USDT, BNB/USDT, CAKE/USDT, DOGE/USDT

Premium VS Regular Account

The website owners didn’t find it necessary to explain how their packages are obtained, how much they cost and what they feature. Swindlers stick to just advertising non-existent services as good as they can and hope to fool as many investors as possible. That’s why only some scarce info is available in the legal docs. 

For example, premium users are guaranteed lower fees, discounts on every trade, exclusive access to the support channel, and even so-called VIP signals. In order to activate this plan, however, the needed sum you have to cough up is not revealed.  

Nothing to Withdraw

Since all of the trades are purely simulations and the trading environment itself is artificial, you cannot expect the profit shown to be real and available for cashing in. That’s why no withdrawals actually happen here. 

What’s more, since all of your account funding is processed via crypto channels, the funds get immediately snatched and sent to an anonymous wallet so you lose track of it. That efficiently prevents users from withdrawing even the starting deposit they made. 

If that doesn’t stop you from requesting withdrawals, the firm has other methods, such as trading volume requirements, sudden fees and other charges that you have to pay upfront.

No Help Desk

The company doesn’t provide any specialized customer support team on the website. The users need to rely on help FAQs, of which there’s about 20 different questions and answers. These are all set up in such a way to entice potential victims to spend rather than provide any assistance if an issue arises.

Fraudsters Took Your Money? We Can Get It Back!

If you’re looking for a reliable cryptocurrency exchange, you won’t find it here unfortunately. The Molynex.com crypto platform is not licensed, regulated or even registered in any jurisdiction. These charlatans use misleading videos to catch the attention of potential victims in popular social media and steal their money.

These professional schemers are not to be trifled with. If you’ve lost money on this or any similar online con like Investing X, feel free to contact our legal experts. Recovery always remains an option, and we’ve provided a 24/7 live chat option for your convenience.

FAQ Section

What is Molynex.com?

It is an unnamed firm that claims to run a reputable exchange, but it is just a fraudulent scheme designed to steal funds.

Is Molynex Regulated?

No, despite the claims about owning an AUSTRAC license, this business is entirely illicit.

Can I Track and Trace Lost Crypto?

Yes, with a bit of our help and the software we utilize you can successfully locate your stolen funds.

Unfortunately, many users start reading reviews only after falling victim to scams. We sincerely hope that you are not one of them!

However, if you’re here because you suspect that your investment isn’t in a safe place, know that you have the right to claim funds back!

Report a Fraud Case & Claim a Refund from Scammers

Legal Procedures for Recovering Your Money from Scammers Offer a Good Chance of Success. Start by Simply Reporting the Fraud.

File a Complaint

JP PRO Review 2023 – Is JP PRO legit or a scam?

In the dynamic realm of online trading and investments, the rise of deceptive entities pretending to be reputable brokers poses a significant concern. JP PRO has garnered attention recently due to suspected fraudulent activities, generating apprehension and necessitating thorough scrutiny. Through this extensive JP PRO review, our objective is to offer an impartial evaluation by presenting verifiable facts and information obtained from reputable and trustworthy sources.

JP PRO operates as an unregulated brokerage firm, with presence in three locations: Saint Vincent and the Grenadines (SVG), the United Kingdom (UK), and Thailand. Numerous adverse reviews highlight a prevalent issue concerning the inability to withdraw funds. Users report facing challenges and frustrations when attempting to access their money through JP PRO. The absence of regulatory oversight raises concerns about the security and reliability of the platform. Traders are advised to exercise caution and thoroughly research the risks associated with engaging with an unregulated broker. The reported difficulties in fund withdrawals underscore the potential risks users may encounter, emphasizing the importance of choosing regulated and trustworthy financial platforms to safeguard their investments and financial interests.

 Website – https://jppro.com/

Website Availability – Yes

 Address –

Suite 305, Griffith Corporate Centre, Kingstown

1 Canada Square, London E14 5AX

The Excel Hideaway, Sukhumvit 50, Bangkok 10240

 Warned By – Not Recommended By Review Website Like Report Scam

Domain Age of JP PRO

Identifying a Scam Broker: Key Indicators

Unregulated and Unlicensed

One of the foremost indicators of a potential scam broker, as emphasized in the JP PRO Review, is the absence of regulation and licensing. Legitimate brokers are required to obtain licenses from reputable financial regulatory authorities, a crucial step in guaranteeing adherence to stringent industry standards and rules.

Investors face a heightened risk of encountering fraudulent practices when dealing with unregulated and unlicensed brokers. The absence of clear regulatory oversight and licensing poses significant concerns regarding the broker’s credibility and the security of clients’ assets. It is crucial to exercise caution and conduct due diligence when engaging with such brokers to safeguard your financial interests.

Negative Feedback and Scam Reports

The prevalence of negative feedback and scam reports from clients and industry professionals, as emphasized by JP PRO Review, is a telltale sign of a scam broker. Several reports of fraudulent operations, immoral behavior, and financial losses raise doubts about the company’s credibility. Before entrusting their investments to any brokerage firm, potential clients should conduct research and examine the experiences of others. To protect your financial interests, it’s critical to stay knowledgeable and vigilant.

Poor Customer Support and Withdrawal Issues

Scam brokers frequently use delayed or denied withdrawal requests to keep clients’ assets and prevent them from leaving the platform. Customers become frustrated and have worries about the company’s honesty when payments are not available or are delayed for an extended period.

Protecting Your Investments From Scams

Trading in markets like Forex, Binary Options, and Cryptocurrency can be lucrative, but it comes with risks, including potential encounters with deceitful brokers. Protecting your assets from scams like JP PRO and other fraudulent entities requires vigilance and a proactive approach. Here are essential precautions to consider when dealing with dubious brokers:

• Before engaging a broker, do extensive research on them. Investigate their licenses, regulatory status, and track record.
• Check online JP PRO reviews, forums, and social media platforms for feedback and experiences shared by other traders. This can provide valuable insights into the broker’s reputation and reliability. You can also check our list of scam brokers 2023.
• Only choose brokers that are properly regulated and licensed by recognized financial authorities.
• Ensure the broker has a physical address and contact details that can be verified.
• Read through their terms and conditions, privacy policy, and risk disclosures to understand their policies and procedures.
• Evaluate the broker’s customer support services before opening an account. Prompt and efficient customer support is essential for addressing queries, concerns, and issues.
• Be wary of brokers that make extravagant promises, such as guaranteed profits or high returns with minimal risk.
• Remember that trading involves inherent risks, and no broker can guarantee consistent profits.
• Review the broker’s withdrawal policies and procedures. Ensure they provide clear and straightforward processes for withdrawing funds.
• Don’t rush into decisions. Take the time to evaluate all aspects and make an informed choice.

Traders can lessen their risk of falling victim to JP PRO or other scams and preserve their financial assets by following these suggestions and keeping cautious. Keep in mind that extensive research and due investigation, such as reading a Jppro.com review, are critical to ensure a safe and dependable trading experience.

Are you a victim of the JP PRO scam? Get your lost money back!

If you are the one who got scammed by JP PRO or other fraud, the best solution recommended for getting your lost money back is Report Scam Community

We are one of the few legit recovery assistance organizations that are concerned with a victim’s recovery from losses. We are a committed team of Recovery specialists who have already helped hundreds of scam victims in recovering their lost money. Report Scam provides free consultation and anyone can register by filling out a very short complaint form.

JP PRO Review: JP PRO Scam Conclusion

Given the facts and traits frequently linked to fraudulent businesses, it is impossible to ignore the concerns surrounding JP PRO, as indicated in the JP PRO Review, as a possible scam. When choosing a broker, traders and investors should proceed with extreme caution, making sure they select a reputable, licensed, and regulated company. Making sure a broker is legitimate, looking for unbiased evaluations, and doing extensive research are all crucial steps in safeguarding against fraud and financial losses.

Also, to prevent yourself from scams like – Forex scams, Binary scams, Romance/Dating scams, Cryptocurrency scams, or any other scams, you should pick a broker or company regulated by some major regulators like FCA, FINMA, SEC, FMA, ASIC, etc. Check the reviews of brokers and also read the policies and terms and conditions.

To read more about Scam Brokers and their Reviews, Visit Scam Brokers 2023 Page to avoid Cryptocurrency trading scams, Forex trading scams, or other online scams.

Note: The Jppro review written above is influenced by the other Jppro.com reviews already present on the web. We are not liable for any legal action from the JPPRO company. In case of any query please mail us at info@reportscam.net.

USDC Investment Review 2023 – Is USDC Investment legit or scam?

In the dynamic realm of online trading and investments, the rise of deceptive entities pretending to be reputable brokers poses a significant concern. USDC Investment has garnered attention recently due to suspected fraudulent activities, generating apprehension and necessitating thorough scrutiny. Through this extensive USDC Investment review, our objective is to offer an impartial evaluation by presenting verifiable facts and information obtained from reputable and trustworthy sources.

USDC Investment, a newly established brokerage in the United States, faces scrutiny due to its unverified regulatory status and absence of valid regulations. This raises doubts about the broker’s credibility and commitment to industry standards. The lack of a demo account limits potential investors from assessing the platform risk-free. Furthermore, essential information such as account types, spreads, and minimum deposit requirements remains undisclosed, compromising transparency. Adding to concerns, the official website is inaccessible, hindering access to crucial details. These collective issues underscore the necessity for cautious evaluation and due diligence before considering any investment with USDC Investment, as the potential risks to investors are heightened by these uncertainties.

USDC Investment Website – https://usdc-vipfx.com/

Website Availability – No

Address shown – United States

 Warned By – Not Recommended By Review Website Like Report Scam

Domain Age of USDC Investment

Key Indicators to identify if USDC Investment is a scam or not

Unregulated Status

One of the key warning signs highlighted in the USDC Investment Review that investors should be wary of is the absence of regulation and licensing. Legitimate brokers must acquire licenses from reputable financial regulatory authorities, a critical measure to ensure compliance with strict industry standards and regulations.

Heightened Risks for Investors

Dealing with unregulated and unlicensed brokers significantly increases the risk of encountering fraudulent practices. The lack of clear regulatory oversight and licensing raises concerns about the broker’s credibility and the safety of clients’ assets. It is imperative to approach such brokers with caution, conducting thorough due diligence to protect your financial interests.

Poor Customer Support and Withdrawal Issues

Scam brokers frequently use delayed or denied withdrawal requests to keep clients’ assets and prevent them from leaving the platform. Customers become frustrated and have worries about the company’s honesty when payments are not available or are delayed for an extended period.

Negative Reviews and Scam Reports about USDC Investment

The presence of ample negative feedback and scam reports from clients and industry professionals, as emphasized by USDC Investment Review, is a telltale sign of a scam broker. The existence of negative reviews and reports of scams related to Usdc-vipfx.com serves as a red flag for potential investors. Several reports of fraudulent operations, immoral behavior, and financial losses raise doubts about the company’s credibility. Before entrusting their investments to any brokerage firm, potential clients should conduct research and examine the experiences of others with USDC Investment.

Investors should take heed of negative reviews and scam reports associated with Usdc-vipfx.com, as these instances may indicate potential risks and issues that could affect their financial interests. To protect your financial interests, it’s critical to stay knowledgeable and vigilant.

How to protect your Investments From Scams

Trading in financial markets like Forex, Binary Options, and Cryptocurrency can be lucrative, but it comes with risks, including potential encounters with deceitful brokers. Protecting your assets from scams like USDC Investment and other fraudulent entities requires vigilance and a proactive approach. Here are precautions to consider when dealing with dubious brokers:

• Before engaging a broker, do extensive research on them. Investigate their licenses, regulatory status, and track record.
• Check online USDC Investment reviews, forums, and social media platforms for feedback and experiences shared by other traders. This can provide valuable insights into the broker’s reputation and reliability. You can also check our list of scam brokers 2023.
• Only choose brokers that are properly regulated and licensed by recognized financial authorities.
• Ensure the broker has a physical address and contact details that can be verified.
• Read through their terms and conditions, privacy policy, and risk disclosures to understand their policies and procedures.
• Evaluate the broker’s customer support services before opening an account. Prompt and efficient customer support is essential for addressing queries, concerns, and issues.
• Be wary of brokers that make extravagant promises, such as guaranteed profits or high returns with minimal risk.
• Remember that trading involves inherent risks, and no broker can guarantee consistent profits.
• Review the broker’s withdrawal policies and procedures. Ensure they provide clear and straightforward processes for withdrawing funds.
• Don’t rush into decisions. Take the time to evaluate all aspects and make an informed choice.

Traders can lessen their risk of falling victim to USDC Investment or other scams and preserve their financial assets by following these suggestions given above and keeping cautious. Keep in mind that extensive research and due investigation, such as reading a USDC Investment review, are critical to ensure a safe and dependable trading experience.

Victimized by the USDC Investment scam? Get your lost money back!

If you are the one who got scammed by USDC Investment or other fraud, the best solution recommended for getting your lost money back is Report Scam Community

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USDC Investment Review: USDC Investment Scam Conclusion

Given the facts and traits frequently linked to fraudulent businesses, it is impossible to ignore the concerns surrounding USDC Investment, as indicated in the USDC Investment Review, as a possible scam. When choosing a broker, traders and investors should proceed with extreme caution, making sure they select a reputable, licensed, and regulated company. Making sure a broker is legitimate, looking for unbiased evaluations, and doing extensive research are all crucial steps in safeguarding against fraud and financial losses.

Also, to prevent yourself from scams like – Forex scams, Binary scams, Romance/Dating scams, Cryptocurrency scams, or any other scams, you should pick a broker or company regulated by some major regulators like FCA, FINMA, SEC, FMA, ASIC, etc. Check the reviews of brokers and also read the policies and terms and conditions.

Read about Chargebacks

To read more about Scam Brokers and their Reviews, Visit Scam Brokers 2023 Page to avoid Cryptocurrency trading scams, Forex trading scams, or other online scams.

Note: The USDC Investment review written above is influenced by the other USDC Investment reviews already present on the web. We are not liable for any legal action from the USDC Investment company. In case of any query please mail us at info@reportscam.net.